Prudential Financial Inc (PRU) : Zacks Investment Management scooped up 11,676 additional shares in Prudential Financial Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 362,080 shares of Prudential Financial Inc which is valued at $27,344,282.Prudential Financial Inc makes up approximately 0.80% of Zacks Investment Management’s portfolio.
Other Hedge Funds, Including , Johnson Financial Group boosted its stake in PRU in the latest quarter, The investment management firm added 30,159 additional shares and now holds a total of 36,779 shares of Prudential Financial Inc which is valued at $2,777,550. Prudential Financial Inc makes up approx 0.37% of Johnson Financial Group’s portfolio.Canada Pension Plan Investment Board boosted its stake in PRU in the latest quarter, The investment management firm added 92,060 additional shares and now holds a total of 564,985 shares of Prudential Financial Inc which is valued at $42,667,667. Prudential Financial Inc makes up approx 0.16% of Canada Pension Plan Investment Board’s portfolio. Peak6 Investments sold out all of its stake in PRU during the most recent quarter. The investment firm sold 2,981 shares of PRU which is valued $225,125.Dimensional Fund Advisors Lp boosted its stake in PRU in the latest quarter, The investment management firm added 32,314 additional shares and now holds a total of 2,839,977 shares of Prudential Financial Inc which is valued at $219,530,222. Prudential Financial Inc makes up approx 0.12% of Dimensional Fund Advisors Lp’s portfolio.
Prudential Financial Inc closed down -0.54 points or -0.68% at $78.84 with 22,07,957 shares getting traded on Thursday. Post opening the session at $79.62, the shares hit an intraday low of $77.975 and an intraday high of $79.98 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Prudential Financial Inc reported $1.84 EPS for the quarter, missing the analyst consensus estimate by $ -0.66 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $2.50.Analysts expectations of $ 11730.58.During the same quarter in the previous year, the company posted $2.91 EPS.
Many Wall Street Analysts have commented on Prudential Financial Inc. Prudential Financial Inc was Downgraded by BofA/Merrill to ” Underperform” on Jun 29, 2016.
Prudential Financial Inc. is a financial services company. The Company through its subsidiaries and affiliates provides a arrange of financial products and services including life insurance annuities retirement-related services mutual funds and investment management. The Company has organized its principal operations into the Financial Services Businesses and the Closed Block Business. The Financial Services Businesses consists of three divisions containing six segments and the Companys corporate operations. The Financial Services Businesses operate through three operating divisions: U.S. Retirement Solutions and Investment Management U.S. Individual Life and Group Insurance and International Insurance. The Companys investment portfolio consists of public and private fixed maturity securities commercial mortgage and other loans equity securities and other invested assets.